CFO Tom Dunn retires from Southwest Energy Pool; substitute chosen

Little Rock-based regional transmission group Southwest Energy Pool (SPP) has named Deborah Sterzing as chief monetary officer after Tom Dunn retired in December.

Dunn retired on Dec. 1 after serving 21 years as senior vp of finance and CFO. He joined SPP in 2001. Based on SPP, the group didn’t challenge information releases on his retirement or the seek for his substitute.

On Monday (Feb. 27), SPP introduced Sterzing as Dunn’s substitute. Sterzing’s function as senior vp of finance and CFO is efficient March 13.

“After an in depth nationwide search, I’m happy to welcome Deborah Sterzing to the SPP crew,” stated Barbara Sugg, president and CEO for SPP. “Her strategic, monetary and regulatory experience will guarantee SPP has the organizational readiness vital to guide our trade to a brighter future.”

Based on a information launch, Sterzing will develop and execute the group’s monetary technique “aligned to SPP’s imaginative and prescient and targets.” She’s additionally chargeable for overseeing the monetary settlement of all SPP tariff transactions, serving as the first danger administration officer, and main the group’s accounting, settlements and credit score departments.

“I’m thrilled to be becoming a member of the chief management crew at SPP,” Sterzing stated. “I sit up for bringing my numerous expertise within the vitality trade to be a strategic monetary associate with the CEO, board of administrators and group, with the aim of enabling one of the best outcomes for our members and stakeholders.”

Sterzing has labored for greater than 20 years in finance and electrical energy trade monetary planning. Most just lately, she was senior vp and CFO at Wind Power Transmission Texas (WETT), the place she led the utility’s finance, accounting, treasury, regulatory, danger governance and contract groups. She beforehand labored in monetary roles for Cognitive Scale, Citigroup, Excessive Bridge Power Improvement, Skaia Power LLC, Inexperienced Mountain Power and Normal Electrical.

She has a grasp’s diploma in enterprise administration from Carnegie Mellon College and a bachelor’s diploma in political science from Colorado School.

SPP manages {the electrical} grid throughout 17 central and western U.S. states, together with a portion of Arkansas, and gives vitality providers to clients within the Japanese and Western Interconnections.